HB0224 - Mineral enhancement study.

 

2001

State of Wyoming

01LSO-0568

 

 

 

HOUSE BILL NO.  HB0224

 

 

Mineral enhancement study.

 

Sponsored by:  Representative(s) McOmie and Senator(s) Peck

 

 

A BILL

 

for

 

 1  AN ACT relating to taxation and revenue; providing for a
 2  study for the enhancement of minerals as specified;
 3  requiring a report; and providing for an effective date.

 4 

 5  Be It Enacted by the Legislature of the State of Wyoming:

 6 

 7         Section 1.

 8 

 9         (a)  The department of revenue, in conjunction with
10  the Wyoming oil and gas conservation commission and in
11  consultation with the mineral industry, shall conduct a
12  study of mineral enhancement in this state. The study shall
13  include consideration of incentives including elimination
14  of an increased severance tax for mineral enhancement
15  performed within the borders of this state. The study shall
16  also include a review of current methods being used for
17  mineral enhancement in this state.

 

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 2         (b)  The department shall report the results of the
 3  study, including any recommendations for legislation, to
 4  the governor and the joint revenue interim committee not
 5  later than October 15, 2001.

 6 

 7         Section 2.  This act is effective immediately upon
 8  completion of all acts necessary for a bill to become law
 9  as provided by Article 4, Section 8 of the Wyoming
10  Constitution.

11 

12                         (END)

 

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